By Debra A. Estock
The Cooperators 15th annual Co-op and Condo Expo, which took
place February 25 at the New York Hilton, provided a unique opportunity
for prospective co-op and condo buyers, shareholders and unit owners,
real estate brokers, board members, and managers to meet face-to-face
with the regions top professionals in the fields of accounting,
mortgage brokerage and lending, exterior maintenance, architectural
engineering, interior design, property management, law, insurance,
telecommunications and building security. Read More
By Michael McDonough
It's not uncommon for co-op and condo buildings to lease that empty space on their ground floor to commercial tenants - usually restaurants, retail stores, or small professional offices. While commercial tenants' rent can add to a building's revenue, issues with noise, traffic, and the 80/20 rule can sometimes make the relationship complicated. Read More
By Jean E. Herskowitz
After Manhattan District Attorney Robert M. Morgenthau handed down indictments against dozens of New York property managers in 1994 for taking kickbacks from contractors, New Yorkers, including the D.A.'s office, thought there would be at least a brief reprieve from local real estate corruption. Even so, the D.A.'s office continued to monitor the real estate industry. "This is Round One," predicted Dan Castleman, chief of the D.A.'s Investigative Division. This past June, Round Two was unveiled. Read More
By Diana Mosher
How to Handle a Demand for Special Services
Read More
By Elizabeth Lent
The breakneck pace and cutthroat economics of residential real estate in New York City are legendary. For every new building that goes up, it seems like there's a battle to be fought, either with city agencies, community groups, preservation and historical societies, and anyone else with an opinion; which is to say, everyone else in the city. Read More
By Stephanie Mannino
In the past several years, the real estate market has
seen an increase in the number of women purchasing homes. Some of these
women are first-time homebuyers entering the market on their own, while
others are moving up or downsizing from a property they already own. The
State of the Nations Housing: 2004 report, compiled by the Joint Center for
Housing Studies of Harvard University, found that “social and
economic trends have given women a more powerful presence in housing
markets. Between 1980 and 2000, the number of households headed by
unmarried women increased by almost 10 million.”
Read More
By Raanan Geberer
It’s no secret—in fact, it’s been a
problem for years: residential developers in Manhattan and other hot areas
like Downtown Brooklyn are running out of space.
Read More
By Lisa Iannucci
Forget Barbie dolls and dress up clothes—when
Janet Leon was a little girl, she probably would’ve preferred to have
a mini tool belt and set of screwdrivers. Growing up, she says she fondly
remembers shadowing her father, a machinist, around the garage, pointing
out his to-do list and helping him tinker with engines and fix-it projects.
She eagerly soaked up knowledge of tools, maintenance, machinery and
whatever else her dad wanted to teach her.
Read More
By Raanan Geberer
Stretching from 14th to 20th Streets between First
Avenue and Avenue C on Manhattan’s East Side, the 110-building Peter
Cooper Village and Stuyvesant Town high-rise complexes comprised a vast
middle-class, largely rent-regulated city-within-the-city. In both
communities, renters who wanted to stay in Manhattan could live a safe,
secure life within a development containing modern elevator buildings, its
own security force, and 80 acres of lawn and playground space.
Read More
By Raanan Geberer
Where would we be without our personal computers? From
news to e-mail to online shopping and financial management, they’ve
brought so much convenience to our lives. Along with their associate
devices such as printers and monitors, PCs have revolutionized how many of
us do our work and run our lives.
Read More
By Elizabeth Lent
Imagine the panic that sets in when a home is lost or
damaged. Now imagine navigating through that fear alone. Whether it’s
fire or flooding or the violent effects of a storm, anything that damages
or destroys a home will have a lasting and dramatic effect on the people
who lived and worked in that space.
Read More
By Greg Olear
In New York, buying and selling real estate is almost a
contact sport. The hours are long, the stakes high, the customers savvy and
demanding. In a city of eight million people, there are thousands of real
estate brokers, but only an elite handful who successfully operate in the
stratosphere, brokering multimillion-dollar deals, managing rosters of
super-rich clients, and handling some of the most breathtaking residential
properties on the planet with aplomb.
Read More
By Elizabeth Lent
If Manhattan is the black-Amex-carrying Wall Streeter
of the New York City real estate scene and Brooklyn is the too-hip-to-care
rock star, then Queens is the hardworking third sibling, eschewing the
spotlight while slowly-but-surely amassing both a fortune and a loyal
following. For years now, Brooklyn and Manhattan have dominated the New
York co-op and condo market, but now the borough to the east is making
waves, building its own housing momentum and creating an appealing
alternative for those in search of an affordable, safe and welcoming place
to call home.
Read More
By Keith Loria
Ever try to sell — or buy — an apartment in
Manhattan without using a real estate broker? It’s sort of like that
joke about lawyers who try to defend themselves: They have a fool for a
client.
Read More
By Hannah Fons
It’s March, and along with springtime comes The Cooperator’s Annual Co-op & Condo Expo at the New York Hilton. This
year marks the Expo’s19th outing and once again, the exhibition
floors will be abuzz with a full day of information, seminars, vendors,
networking, and giveaways.
Read More
By Lisa Iannucci
When Harris Scher was listening to his instructors in
class last year, he took a good look at the jam-packed room filled with 300
students who had the same aspirations as he had — to have a
successful career as a licensed real estate salesperson. He speculated
about his chances. Scher was about to become one in an already congested
field of more than 27,000 brokers and real estate agents operating in
Manhattan — according to New York State records — competing for
only about 10,000 real estate transactions per year (not including co-op
sales).
Read More
By Anthony Stoeckert
New York City — especially Manhattan — may
seem to have little room left on which to build, but when it comes to
finding space for new residential construction, there’s always
something new around the corner. While the occasional co-op building does
still get built from scratch in the city, the vast majority of conversions
and new construction are intended as condos, says Tim Norton of Cantor
Pecorella, a marketing firm that represents many developers and their
projects.
Read More
By Raanan Geberer
By now, the New York City real estate market has become
nearly legendary. Always one of the top three costliest American cities in
which to live, the Big Apple also gives Tokyo, London, and other
notoriously expensive cities a run for their money as far as rents and
apartment purchase prices are concerned.
Read More
By Anthony Stoeckert
If you want to be a doctor, you go to medical school --
if you want to be a lawyer, you go to law school. But what if you want to
be a property manager? Do you go to property management school?
Read More
By Lisa Iannucci
Brooklyn on the Rise
Read More
By Hannah Fons
On Wednesday, March 16th, Read More
By Hannah Fons
The far west side of Manhattan has been a flurry of activity and speculation in the last couple of years thanks to the debate over the development of the Hudson Rail Yards and a new stadium for the New York Jets. Read More
By Hannah Fons
Circle March 16th on your calendars so you don't miss The Cooperator's 18th Annual Co-op & Condo Expo, which will once again pack a full day of information, seminars, vendors, networking, and giveaways into two floors of the New York Hilton at 53rd Street and Avenue of the Americas. Read More
By Raanan Geberer
Tranquil gated communities in quiet suburban condo developments
are probably not the first things that spring to mind when you think about New
York City and its outlying boroughs. The city is known for brownstones, high-rises,
and skyscrapers but there are indeed gated communities, some of which are more
than 100 years old. Read More
By Mary K. Fons
In New York City, you can have just about anything delivered to your door at any hour of the day or night. Food, furniture, entertainment; you name it, you pay for it, and you got it. This is a city where convenience and efficiency are valued almost as much as square footage and lush views of Central Park. And with the average price of a new one-bedroom reaching $1 million, it should come as no surprise that co-op or condo buyers are beginning to expect something more than just a nice address and shiny new appliances when they move into their new digs. Read More
By Greg Olear
Whether dog people or cat people, New Yorkers love their pets - nearly a quarter of the city's inhabitants own companion animals. Read More
By Record Crowds Attend
Record crowds turned out for Read More
By Source: 2002 Residential Brokers List Crains NY
1. Prudential
Douglas Elliman (acquired Douglas Elliman) Read More
By Debra A. Estock
Whether you're moving to Manhattan from another
state or country, or just moving to another apartment in a new
neighborhood or borough, finding the right schools, churches, dentists,
doctors, plumbers, electricians or other service professionals can be a
frustrating experience at best, especially for a newcomer. Read More
By Hannah Fons
It's that time again - time to mark the date of The Cooperator's Annual Co-op and
Condo Expo on your calendar, get registered, and prepare for a full day
of information, networking, new products, engaging seminars, and (of
course) freebies on Thursday, March 18th at the New York Hilton on 53rd
Street and Avenue of the Americas. Read More
By Keith Loria
Amid fears about the sagging economy and war in the
Middle East, the New York real estate market started slowly at the
beginning of 2003. But in true New York fashion, the market rebounded
nicely and by the summer months was thriving. By year's end, Manhattan
property was hotter than ever. Read More
By Source: Yale Robbins Inc.
A new wave of condominium and co-op construction is
sweeping Manhattan as dozens of new projects attest, with thousands of
new co-op and condominium units being marketed to hungry buyers.
Read More
By Anthony Stoeckert
If you've noticed a lot of new scaffolding and
safety netting going up throughout the city, you may be onto something.
2003 and 2004 are setting up to be substantial years for new
residential development. Read More
By Hannah Fons
The last couple of years have been big ones for the
residential real estate industry here in the city; not just in terms of
square feet moved and dollars made, but in terms of mergers and
acquisitions among some of New York's biggest, most prominent brokerage
firms. More than half a dozen brokerages joined forces with other
companies in 2003, absorbing or acquiring other businesses like a
slow-moving flood. Read More
By Source: Yale Robbins Inc.
| Year
|
Name &
Address
|
Units
|
Type
|
Occupancy
|
| 2003
|
Madison Tower, 148 Madison Street |
79
|
Condo
|
4/1/03
|
| 2003
|
Fulton
Plaza, 113 Eldridge Street
|
12
|
Condo
|
6/1/03
|
| 2003
|
The
Sycamore, 250 E. 30th
St.
|
79
|
Condo
|
9/1/03
|
| 2003
|
Harriet
Tubman Gardens, 2235 Frederick Douglas Blvd. |
82
|
Co-op / Twnh
|
|
| 2003 |
The Greenwich Street Project,
497 Greenwich Street |
22 |
Condo
|
10/1/03
|
| 2003
|
The
Hamilton, W. 145th (Edgecombe &
Bradhurst) |
77 |
Co-op
|
|
| 2003
|
Bond
Street Lofts, 57 Bond
St
|
10
|
Condo
|
6/1/03 |
| 2003
|
The
Marais, 520 W 23rd St. (between 10th & 11th Aves.) |
96 |
Co-op
|
|
| 2003
|
220 Riverside Boulevard, Riverside Blvd. |
440
|
Condo
|
1/1/03
|
| 2003
|
425 Fifth Avenue (at 38th St.) |
81
|
Condo
|
1/1/03
|
| 2003
|
7 Essex Street, Essex Street |
16
|
Condo
|
3/1/03
|
| 2003
|
Time Warner Center, 25 Columbus Circle |
126
|
Condo
|
11/1/03
|
| 2003
|
Resid./Mandarin Oriental, 80 Columbus Cir. |
65
|
Condo
|
11/1/03
|
| 2003
|
Loft 55, 419 West 55th Street |
24
|
Co-op
|
10/1/03
|
| 2003
|
Eliza's Court, 2073 Frederick Douglas Blvd. |
6
|
Condo
|
6/1/03
|
| 2003
|
The Paradigm, 146-148 West 22nd St. |
12
|
Condo
|
11/1/03
|
| 2003
|
The Metropolitan, 181 East 90th Street |
93
|
Condo
|
9/1/03
|
| 2003
|
Broome 381, 381 Broome Street |
6
|
Condo
|
11/1/03
|
| 2003
|
Empire View, 360 West 28th Street |
17
|
Condo
|
8/1/03
|
| 2003
|
River Lofts, 92 Laight/424 Washington St |
68
|
Condo
|
10/1/03
|
| 2003
|
Mulberry Terrace, 182 Mulberry Street |
7
|
Condo
|
7/1/03
|
| 2003
|
Horatio House, 637 Hudson Street |
3
|
Condo
|
3/1/03
|
| 2003
|
The Hubert, 7 Hubert Street |
33
|
Condo
|
6/1/03
|
| 2003
|
175 Sullivan Street, Sullivan Street |
6
|
Condo
|
3/1/03
|
| 2003
|
39 John Street, John Street |
10
|
Condo
|
12/1/03
|
| 2004
|
47 East 91st Street, East 91st Street |
8
|
Condo
|
1/1/04
|
| 2004
|
The Heritage@Trump Place, 240 Riverside |
169
|
Condo
|
12/1/04
|
| 2004
|
Morton Square, 100 Morton Street |
147
|
Condo
|
10/1/04
|
| 2004
|
Soho 25, 25 West Houston Street |
32
|
Condo
|
5/1/04
|
| 2004
|
1400 on Fifth, 1400 Fifth Avenue |
128
|
Condo
|
1/1/04
|
| 2004
|
153 Bowery, (at Broome St.) |
4
|
Condo
|
4/1/04
|
| 2004
|
114 Bennett Avenue, Bennett Ave. |
8
|
Condo
|
1/1/04
|
| 2004
|
129 Lafayette Street, Lafayette Street |
27
|
Condo
|
3/1/04
|
| 2004
|
Rosa Parks Condos, 153 St. Nicholas Ave. |
64
|
Condo
|
4/1/04
|
| 2004
|
The Nicole, 400 West 55th Street |
149
|
Condo
|
1/1/04
|
| 2004
|
505 Greenwich Street, Greenwich Street |
103
|
Condo
|
9/1/04
|
| 2004
|
73 Wooster Street, Wooster Street |
6
|
Condo
|
7/1/04
|
| 2004
|
High Lane, 756 Washington Street |
61
|
Condo
|
3/1/04
|
| 2005
|
One Beacon Court, 151 East 58th Street |
105
|
Condo
|
4/1/05
|
| 2005
|
The Milan, 300 East 55th Street |
118
|
Condo
|
2/1/05
|
| 2005
|
The Opus, 2770 Broadway |
64
|
Condo
|
1/1/05
|
Read More
